STOCK TITAN

Boost Run signs conditional ~$526M Cohere cloud deal

Initial infrastructure acceptance is expected in the second quarter of 2027, while Cohere’s termination and refund rights depend on infrastructure acceptance by July 15, 2027.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

Rhea-AI Filing Summary

On September 30, 2026, Boost Run LLC, a wholly owned subsidiary of Boost Run Inc. (BRUN), entered into a service agreement with Cohere Inc. for access to dedicated GPU cloud computing infrastructure and related services. Subject to the satisfaction of delivery and acceptance requirements and any termination described in the agreement, Cohere committed to pay Boost Run approximately $525.6 million over the agreement term, with a portion payable as a prepayment.

Each rack’s term is approximately five years from Cohere’s acceptance; acceptance of the initial infrastructure is currently expected to begin in the second quarter of 2027. If a specified minimum amount of infrastructure has not been accepted by July 15, 2027, Cohere may terminate and receive a refund of prepaid amounts. If that minimum has been accepted, Cohere may terminate the order for infrastructure not accepted by then and receive related prepaid amounts. Boost Run Inc. guarantees refunds up to the prepayment received by Boost Run and not applied against fees.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Committed payments Approximately $525.6 million Over the agreement term, subject to delivery and acceptance requirements and termination provisions
Rack term Approximately five years For each rack, beginning upon Cohere’s acceptance
Expected initial infrastructure acceptance Second quarter of 2027 Currently expected start
Acceptance threshold date July 15, 2027 Date tied to Cohere’s specified termination rights
dedicated GPU cloud computing infrastructure technical
"access to dedicated GPU cloud computing infrastructure"
prepayment financial
"a portion of which is payable as a prepayment"
Payment of a loan, mortgage or scheduled obligation earlier than originally agreed, similar to paying off a car or house ahead of schedule to stop future monthly charges. It matters to investors because early repayment alters expected cash flows and interest income — for lenders or bondholders it can mean receiving principal sooner than planned and needing to reinvest at possibly lower rates, and for securities backed by loans it changes timing and amount of returns.
acceptance requirements technical
"satisfaction of delivery and acceptance requirements"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Cohere committed to pay under the BRUN agreement?

Cohere committed to pay Boost Run approximately $525.6 million over the agreement term, subject to satisfaction of delivery and acceptance requirements and any termination described in the agreement. A portion is payable as a prepayment.

When does BRUN expect Cohere to accept the infrastructure, and what termination rights apply?

Acceptance of the initial infrastructure is currently expected to begin in the second quarter of 2027. If a specified minimum amount has not been accepted by July 15, 2027, Cohere may terminate and receive a refund of prepaid amounts; if the minimum has been accepted, it may terminate the order for infrastructure not accepted by that date and receive the related prepaid amounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 30, 2026

 

BOOST RUN INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware   001-43277   39-4824850

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

400 Skokie Blvd., Ste. 725

Northbrook, IL 60062

(Address of principal executive offices)

 

(847) 489-3367

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A Common Stock, $0.0001 par value   BRUN   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On September 30, 2026, Boost Run LLC (“Boost Run”), a wholly owned subsidiary of Boost Run Inc. (the “Company”), entered into a Service Agreement (together with the order form thereunder, the “Agreement”) with Cohere Inc (“Cohere”), pursuant to which Boost Run will provide Cohere with access to dedicated GPU cloud computing infrastructure and related services. The term for each rack of infrastructure delivered under the Agreement is approximately five years, commencing upon Cohere’s acceptance of that rack. Acceptance of the initial infrastructure is currently expected to begin in the second quarter of 2027. Subject to the satisfaction of delivery and acceptance requirements and any termination described below, Cohere has committed to pay Boost Run approximately $525.6 million over the term of the Agreement, a portion of which is payable as a prepayment.

 

The Agreement will remain in place until the expiration or earlier termination of all orders thereunder and does not automatically renew. Either party may terminate the Agreement for cause and Cohere may also terminate in certain other circumstances specified in the Agreement. In addition, if a specified minimum amount of infrastructure has not been accepted by July 15, 2027, Cohere may terminate the Agreement and receive a refund of all amounts prepaid, and if such minimum amount has been accepted, Cohere may terminate the order with respect to any infrastructure not accepted by that date and receive a refund of the related prepaid amounts. The Company has guaranteed Boost Run’s obligation to pay any refund of prepaid amounts under the Agreement, up to the amount of the prepayment received by Boost Run and not applied against fees. The Agreement contains customary provisions regarding representations and warranties, indemnification, and limitations on liabilities.

 

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Cautionary Statement Regarding Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained herein are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” or the negative of these terms, or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the anticipated timing of the delivery of infrastructure and commencement of services under the Agreement, future payments expected to be received under the Agreement, the benefits of the Agreement, and the Company’s business, results of operations, and financial position. These statements are based on various assumptions, whether or not identified herein, and on the current expectations of the Company’s management and are not predictions of actual performance. There may be additional risks that the Company does not presently know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans, or forecasts of future events and views as of the date hereof. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
   
10.1*†   Service Agreement, dated September 30, 2026, by and among Boost Run LLC, Cohere Inc. and, solely for purposes of Section 20 thereof, Boost Run Inc.
   
104   The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

 

* Portions of the exhibit have been omitted from this filing (indicated by “[*]”) pursuant to Item 601(b)(10) of Regulation S-K, which portions will be furnished to the Securities and Exchange Commission (the “SEC”) upon request.
† Schedules (or similar attachments) have been omitted from this filing pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule will be furnished to the SEC upon request.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: October 6, 2026

 

BOOST RUN INC.  
     
By:

/s/ Erik Guckel

 
Name: Erik Guckel  
Title: Chief Financial Officer  

 

 

 

Filing Exhibits & Attachments

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